Financials in USD. Standardized financial statements.
A compact view of how Tractor Supply Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.52B | $14.88B | $14.56B | $14.20B | $12.73B | $10.62B | $8.35B | $7.91B | $7.26B | $6.78B |
| Revenue Growth? | +4.3% | +2.2% | +2.5% | +11.6% | +19.9% | +27.2% | +5.6% | +9.0% | +7.0% | 0.0% |
| Cost of Revenue? | $10.36B | $9.49B | $9.33B | $9.23B | $8.25B | $6.86B | $5.48B | $5.21B | $4.76B | $4.45B |
| Gross Profit? | $5.16B | $5.40B | $5.23B | $4.97B | $4.48B | $3.76B | $2.87B | $2.70B | $2.49B | $2.33B |
| Gross Margin? | +33.2% | +36.3% | +35.9% | +35.0% | +35.2% | +35.4% | +34.4% | +34.2% | +34.3% | +34.3% |
| Operating Expenses? | $3.69B | $3.93B | $3.75B | $3.54B | $3.17B | $2.76B | $2.13B | $2.00B | $1.81B | $1.63B |
| Operating Income? | $1.47B | $1.47B | $1.48B | $1.43B | $1.31B | $996.93M | $743.22M | $701.74M | $686.38M | $694.08M |
| EBITDA? | $1.96B | $1.91B | $1.87B | $1.78B | $1.58B | $1.21B | $939.20M | $879.09M | $852.22M | $837.04M |
| Income Before Tax | $1.40B | $1.41B | $1.43B | $1.40B | $1.28B | $968.15M | $723.38M | $683.38M | $672.52M | $688.27M |
| Income Tax Expense | $302.16M | $311.70M | $325.18M | $315.60M | $282.97M | $219.19M | $161.02M | $151.03M | $249.92M | $251.15M |
| Net Income? | $1.10B | $1.10B | $1.11B | $1.09B | $997.11M | $748.96M | $562.35M | $532.36M | $422.60M | $437.12M |
| EPS? | $2.07 | $2.05 | $2.03 | $1.96 | $1.74 | $1.29 | $0.94 | $0.87 | $0.66 | $0.66 |
| Diluted EPS? | $2.06 | $2.04 | $2.02 | $1.94 | $1.72 | $1.28 | $0.93 | $0.86 | $0.66 | $0.65 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality